Oil play, 5.5% yield (income paid quarterly),8% discount to assets, BREXIT currency hedge..what more do you want?
Black Rock Commodities Income Investment Trust –ISIN GB00B0N8MF98-BRCI Oil remains one of the strongest major commodities this year and despite recent exemptions from Iranian sanctions, looks likely to stay well supported. The major companies themselves Royal Dutch #RDSB, BP #BP, Total, Eni, Norsk Hydro etc have been major beneficiaries of the stronger spot price and, […]
Ken Baksh – Do you have enough…..commodities?
Black Rock Commodities Income Investment Trust –ISIN GB00B0N8MF98 Commodities have made a strong start in 2018, rising to a three-year high. The Bloomberg Commodity Spot index hits its highest level since 2014 last week after strong readings for manufacturing activity around the world and increased global demand forecasts. A weaker dollar and various supply […]